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Long Beach

  • Listing No.: 130-00142

  • Category: Convenience, Retail

Asking Price $199,000
Down Payment
Gross Revenue $463,271
Total Adjusted Net Income $103,154
Equipment/Fixtures $30,000
Year Established 2015
General Location Long Beach
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Excellent opportunity to own an easily-run profitable convenience retail store in Long Beach. Store products include lottery and scratchers, tobacco, drinks, snacks and candies, hand scooped and prepackaged ice creams, water refill stations, copy & fax services, Western Union money service. This profitable turnkey business will come with inventory, supplies, fixtures and 2 weeks of training. Perfect for someone new to entrepreneurship and wanting to experience a small business owner lifestyle. Don't miss out on this chance to own a well-balanced convenience retail store with room to expand. Monthly rent is $3,680, expiring January 2024. Call Janet now at 310 873 7567 to get more information! *Store branded drink products, logos and ATM machine will not be included in the sale. Seller to work out separate leasing and supplier agreement.

Gross Revenue $463,271 Listed Price $199,000
Total Income $103,154 Down Payment
Base Rent $3,033 Square Feet 2031
Total Rent $3,680 Lease Expiration 1/2024
Rent Deposit $5,924 Lease Options 1/5
Inventory $9,000 Leasehold Improvements $5,000
Equipment/ Fixtures $30,000 Other Assets
Full-Time Employees 0 Training Period 2 weeks
Part-Time Employees 1 Special License Required Tobacco, Lottery, Western Union
Contract Staff 0 Reason for Selling Other Business Interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.